The County School Service Fund (analogous to districts' General Funds) contains the regular operating revenues and expenditures for programs run by county offices of education. The revenues and expenditures are labeled as restricted or unrestricted. Those that are unrestricted may be used for general purposes. The items whose purpose is restricted by law or regulation must be accounted for or tracked separately. All transactions except those required (or permitted) by law to be in another fund are accounted for in the County School Service Fund.

Note:Districts and county offices report their revenues and expenditures to the California Department of Education (CDE) prior to the completion of their annual audit. The CDE makes every effort to catch errors or misinterpretations. However, the unaudited information is not changed after it has been certified and released by the CDE. Therefore, this report may include some uncorrected data.

County School Service Fund - Revenues Alameda County Office of Education, 2012-13

Year-End Summary for County School Service Fund Alameda County Office of Education, 2012-13

Unrestricted

Restricted

Total

Adjusted Beginning Fund Balance

$22,148,087

$2,755,007

$24,903,094

Excess (Deficiency) of Revenues over Expenditures

1,572,248

(775,287)

796,962

Other Financing Sources, Uses, and Contributions

(1,443,715)

955,249

(488,466)

Ending Fund Balance

$22,276,620

$2,934,969

$25,211,590

The Adjusted Beginning Balance includes audit adjustments and other restatements. This is why the adjusted beginning balance for this year might not look like the ending fund balance from last year.

The Ending Fund Balance is the adjusted beginning balance plus or minus the difference between revenues, expenditures, and other financing sources or uses, such as proceeds from the sale of bonds or authorized transfers of money to another Fund for other than general operations.

The components of the Ending Fund Balance are:

money that may only be spent on designated purposes

amounts reserved by the governing board for emergencies,
economic uncertainties, or other particular purposes, and

surpluses (if any) that are not designated or reserved for specific purposes.